INPEX Discovers Oil and Gas Deposits at Onshore Block 4 in Abu Dhabi, UAE

Source: www.gulfoilandgas.com 12/14/2021, Location: Middle East

INPEX CORPORATION has discovered multiple conventional oil, condensate and gas columns as a result of drilling an exploration well from May until August 2021 at Onshore Block 4 in Abu Dhabi in the United Arab Emirates (UAE) through its subsidiary JODCO Exploration Limited (JEL).

This marks the first oil discovery of mainly Murban grade from this concession area as well as from a new geological formation.

The provisional oil, condensate and gas in place combined discoveries totals up to 1 billion barrels of oil equivalent.

Onshore Block 4 is located in a coastal area in the central part of the Emirate of Abu Dhabi that includes Abu Dhabi City, and covers a surface area of approximately 6,116 square kilometers. Since taking part in the first ever competitive bid round for new licensing opportunities for the exploration, development and production of oil and gas launched by the Abu Dhabi National Oil Company (ADNOC) in Abu Dhabi in 2018 and thereafter being exclusively awarded Onshore Block 4 as an operator, JEL has conducted drilling operations based on the evaluation of 3D seismic exploration data.

The block lies in the vicinity of existing oil and natural gas production infrastructure, raising expectations for the early-stage development and production of crude oil and natural gas. JEL will henceforth conduct the analysis of data extracted from crude oil and natural gas production tests, undertake further exploration activities and pursue the potential of commercially developing Onshore Block 4 in close collaboration with ADNOC.

Based on expectations for early-stage development and production, these resources are expected to contribute to building a more resilient INPEX upstream business as outlined in INPEX’s business development strategy.


Norway >>  5/12/2022 - Neptune Energy Norge AS, operator of production licence 153, has concluded the drilling of appraisal wells 35/9-16 S and 35/9-16 A on oil and gas disc...
Canada >>  5/11/2022 - The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued Calls for Bids for Exploration Licences in the Eastern Newfoundland...

Iraq >>  5/10/2022 - Genel Energy has provided an update on the Sarta PSC (30% working interest and operator).

Testing of the Sarta-5 appraisal well has been co...

Cameroon >>  5/9/2022 - Tower Resources plc, the AIM-listed oil and gas company with a focus on Africa, is pleased to provide an update on activity in respect of its Thali Pr...

Equatorial Guinea >>  5/9/2022 - Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that the Ministry of Mines and Hydrocarbons of Equatorial Guinea and the Joint Ve...
Guyana >>  5/9/2022 - CGX Energy Inc. and Frontera Energy Corporation, joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne b...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.